AUD/USD Forecast. Australian Dollar Holds Steady After RBA’s ‘Hawkish’ Rate Cut – ForexNews.PRO
The Australian dollar remains firm near two-month highs at $0.6357 following the Reserve Bank of Australia’s (RBA) first rate cut in over four years. Despite the 25-basis-point reduction to 4.10%, the central bank signaled caution regarding further easing, leaving traders uncertain about the pace of additional cuts.
Swaps indicate only a 20% probability of another cut in April, though expectations for a move in May remain high. This cautious stance has helped the Aussie maintain recent gains, reflecting broader market uncertainty over global monetary easing cycles.
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